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TDS vs TCS: What Is the Difference Between TDS and TCS? Know Here

Summary by Business League - Financial Experts
TDS vs TCS Explained: Let us tell you that both TDS and TCS are such taxes which the government collects at the time of income or purchase. In TDS, the tax deductor is making the payment, while in TCS, the tax collector is selling a thing or service. Many of us pay tax, but most people do not know the meaning of words like TDS and TCS. Both are such taxes which are deducted directly from your income or at the time of any big purchase. The place …
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HR Katha broke the news in on Tuesday, July 1, 2025.
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